Renewable Energy Committee Progress Report 11/7/2018 Renewable Energy Committee Progress Report June 2014

TABLE OF CONTENTS RENEWABLES TODAY WHERE WE ARE HEADED SE4ALL OBJECTIVES RENEWABLES COMMITTEE ACTIVITY RENEWABLES COMMITTEE AREAS OF FOCUS WHERE TO NEXT? – POTENTIAL INITIATIVES

RENEWABLES TODAY Economic, demographic and energy consumption trends and concerns around the environment and climate change are sharpening the focus on the necessity for an energy transition. Graph: Share of rural population without access to electricity and clean cooking, 2010 Source: IEA, United Nations Population Division

RENEWABLES TODAY Renewable energy is: 11/7/2018 RENEWABLES TODAY Renewable energy is: Available in some form anywhere in the world, Economically competitive, technically viable, socially and environmentally beneficial, One of the most effective long-term responses to climate change. Countries around the world are already taking decisive action: 138 countries have defined renewable energy targets 127 have policies in place to facilitate the deployment. Since 2011, global electricity generation from renewable sources increased by 18 percent, almost 800 TWh. Photovoltaic (PV) generation accounts for nearly one-eighth of this total – a staggering 237 percent increase since 2011. Graph shows RE capacity growth by year. Source: IRENA analysis and global data

11/7/2018 RENEWABLES TODAY Jobs graph illustrates the importance of social benefits of RE. Source: IRENA

11/7/2018 WHERE WE ARE HEADED Renewables are taking an increasing role world-wide Figure: Installed renewable capacity in 2012 and projections to 2018 2012 is the inside circle. 2018 the outside circle. Projections are based on projects in the pipeline and country action plans. Source: IEA

SE4ALL and REmap 2030 One of SE4ALL’s goals is to double the share of renewable energy by 2030. IRENA analysis, REmap 2030, concludes that doubling the share of renewable energy by 2030 is: Technically feasible and affordable Achievable with cost neutrality or cost savings Source: IRENA

11/7/2018 RENEWABLE COMMITTEE The work of the Renewable Committee started in January 2014 with two immediate objectives:   Identifying the key focus areas to advance the objective of doubling the share of renewable energy in the global mix by 2030. Initiating a set of game-changing initiatives/instruments in support of the renewables objective, which will be led/backed by Advisory Board members and other partners.

RENEWABLES COMMITTEE ACTIVITY 11/7/2018 RENEWABLES COMMITTEE ACTIVITY R.C. MILESTONES: January 2014: Co-leads and the GFT focal points for each Committee drafted the scope of work. Feb-May 2014: Acciona hosted the first face to face meeting in Madrid and virtual meetings followed between committee members which led to the development of the draft terms of reference. June-Sept 2014: Presentation of the Renewable Energy Committee deliverables – Recommended set of actions. 11/7/2018

RECOMMENDED AREAS OF FOCUS Knowledge management Policy and regulation Public support Availability of financial resources Capacity building and job creation

WHERE TO NEXT? – POTENTIAL INITIATIVES REmap 2030, the 10 Principles of Renewables, Global Atlas, Manual for hydropower, Global bioenergy partnership,… Knowledge Management High Level Regional Platforms, grid integration, small island solutions,… Policy & Regulation Dissemination of the 10 Principles of Renewables, identify civil society, system operators, TSOs and distributors, parliamentary, media,… Public Support